Jonathan Macintosh is a highly successful Pennsylvania orchardman who has formed his own company to produce and package applesauce. Apples can be stored for several months in cold storage, so applesauce production is relatively uniform throughout the year. The recently hired controller for the firm is about to apply the high-low method in estimating the companys energy cost behavior. The following costs were incurred during the past 12 months:

Month	Pints of Applesauce Produced			Energy Cost
January		118,000			$	71,500
February		76,000				66,400
March		79,000				68,600
April		85,000				69,300
May		103,000				70,000
June		109,000				70,700
July		133,000				71,200
August		103,000				69,700
September		103,000				70,300
October		97,000				69,400
November		136,000				73,600
December		130,000				71,850

Required: 1. Use the high-low method to estimate the companys energy cost behavior and express it in equation form. Use the formula Y = a + bX, where Y denotes energy cost for a month and X denotes pints of applesauce produced. 2. Predict the energy cost for a month in which 87,000 pints of applesauce are produced.